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Knowledge Marine: Stock jumps after winning ₹384 Cr order from Visakhapatnam Port Authority

Knowledge Marine & Engineering Works Limited received a fifteen year order from Visakhapatnam Port Authority for one ASTDS-GTTP Green Tug overall valued at ₹384.33 crore.

Introduction

Leading maritime service provider received a fifteen year order from Visakhapatnam Port Authority for operation, maintenance and technical management of one ASTDS-GTTP Green Tug valued at ₹384.33 crore.

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Share price movement of Knowledge Marine

On November 19, 2025, Knowledge Marine & Engineering Works Ltd opened at ₹2,698.95, down 0.60% from its previous close of ₹2,715.25. The stock touched a high of ₹2,780.00 (2.38%) and a low of ₹2,693.45 (0.80%) during the session. By 12:21 PM, it was trading at ₹2,726.75, marking a 0.42% increase for the day, with a full market capitalization of ₹2,945.16 crore.

KMEW Wins ₹384 Crore Tug Contract

Knowledge Marine & Engineering Works Limited has received a Letter of Award from Visakhapatnam Port Authority for operating and managing one ASTDS-GTTP Green Tug. The contract is valued at ₹384.33 crore including taxes.

The order will run for 15 years and covers manning, operation, maintenance, and full technical management. This is KMEW’s second long-term order for a Green Tug from government authorities.

The Green Tug uses advanced battery systems with zero-emission technology. KMEW expects efficiency gains through bulk procurement and standardized processes across both tugs. The company is positioned for future green-tug tenders in India.

Ace investor holding in Knowledge Marine

Ashish Kacholia holds a 2.78% stake in Knowledge Marine & Engineering Works Ltd, owning 3,00,000 shares valued at ₹81.8 crore.

Stock performance of Knowledge Marine for Period of 1 week, 6 months, and 1 year

KMEW delivered a 1.02% decline over the past week, gained 70.6% in the past six months, and recorded a 31.7% return over the past year.

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Shareholding pattern of Knowledge Marine

ParticularsSep 2025Jun 2025Mar 2025
Promoter60.70%60.70%60.70%
FII0.70%0.50%0.60%
DII0.20%0.20%1.90%
Public38.40%39%36.80%

About Knowledge Marine

Knowledge Marine & Engineering Works Ltd (NSE: KMEW) operates marine crafts, dredging, repairs, surveys, and vessel management, serving major Indian ports and government agencies, evolving from ship repair to a diversified marine solutions provider today.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Knowledge Marine & Engineering Works Ltd share price going up today?

A: Knowledge Marine & Engineering Works Ltd share price is rising after receiving a ₹384.33 crore, 15-year Green Tug order from Visakhapatnam Port Authority.

Q: What does Knowledge Marine & Engineering Works Ltd specialize in?

A: Knowledge Marine & Engineering Works Ltd specializes in marine crafts, dredging, repairs, hydrographic surveys, and technical vessel management across major Indian ports.

Q: How much stake does Ashish Kacholia hold in Knowledge Marine & Engineering Works Ltd stock?

A: Ashish Kacholia holds a 2.78% stake in Knowledge Marine & Engineering Works Ltd, owning 3,00,000 shares worth ₹81.8 crore.

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